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Recon Logistics Freight Management Blog

Recon Quick Market Update - February 24, 2021

Posted by Hank Newman on Feb 24, 2021 4:36:21 PM

We all know the weather that pounded the entire country last week, but I find the DAT Capacity weekly graph below fascinating. 

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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Cass Report Released for January, 2021

Posted by Hank Newman on Feb 19, 2021 8:41:03 AM

This is always a good report to go over.  We've also included the monthly contract rates vs. spot rates charge per DAT.  It's showing contract rates are resuming their traditional "lead" over spot rates.  Rates ebb and flow with market conditions, but contract rates are traditionally higher.

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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon Market Update - February 16, 2021

Posted by Hank Newman on Feb 16, 2021 1:40:51 PM

Just as rates seem to stabilize a bit and LTL performance improves, mother nature hits and messes it all up.  Certain areas of the country are taking a beating which is having an impact on capacity, service, and rates.  If it ain't one thing, it's another!

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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon Market Update - February 5, 2021

Posted by Hank Newman on Feb 5, 2021 9:12:34 AM

Signs continue to be encouraging for some relief (hopefully not temporary) from the record high rates and record low LTL performance of late.  The path ahead still is murky, but should be much more calm vs. the recent 6-7 months.

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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon Market Update - January 22, 2021

Posted by Hank Newman on Jan 22, 2021 2:02:31 PM

Dare we say there is some light showing down that tunnel?  Our estimate is that there is indeed some light, although it may be more a signal light before the tunnel takes another turn.

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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon Market Update - January 8, 2021

Posted by Hank Newman on Jan 8, 2021 8:18:14 AM

Welcome to 2021!

Kind of sad when we are hoping to see LTL carrier performance get back to the mid-'80s!  But as long as COVID and its disruptions persist and the TL market remains tight we remain a broken record.
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon - 2020 Market Summary, 2021 Outlook

Posted by Hank Newman on Dec 30, 2020 4:35:39 PM
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

LTL Problems again! Recon Weekly Market Update - Dec 17, 2020

Posted by Hank Newman on Dec 17, 2020 2:37:35 PM
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

RECON - IMPORTANT WEEKLY UPDATE!! PLEASE READ! - Dec 10, 2020

Posted by Hank Newman on Dec 10, 2020 2:58:22 PM

Short and not-so-sweet message this week.  LTL carrier performance is BAD!  We have been pointing this out for months now, but either much of our audience isn't reading this or is having difficulty understanding it so we are going to repeat the message again.

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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon Market Update - December 4, 2020

Posted by Hank Newman on Dec 4, 2020 12:07:37 PM

"Your carriers still suck and eta's on transit times are wrong!!" (Angry Face!).

  There are 2 interesting charts below if you can get past the performance commentary (teaser).
 
Yep - we get it!  This is a performance pandemic while we are living in a pandemic of hysteria.  Fact is, while we see LTL carrier performance ticking up a bit, it remains well, well below historical norms so you continue to deal with more failures and upset customers.  If it's any consolation - you're not alone.  This is INDUSTRY-WIDE.  When we see even the best of the regional carriers struggle, it's systemic.
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

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